We Sell Restaurants - Tennessee Restaurant Brokers
Asking Price: $795,000 Gross Revenue: $2,429,591Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Four Pizza Franchises for Sale! Buy these units today with sales of $2.4 Million for the cost of building just two stores. Each Store Open at least Five Years. Annual Sales of Over $2.4 Million with Combined Rents of Just 8% of Sales! Contact We Sell Restaurants today on these Memphis Tennessee Pizza Franchises for Sale.
Absentee leadership is the reason for selling these four pizza franchises for sale. Take over as a local operator and seize a tremendous opportunity. Each location has a General Manager in Place and there is an area supervisor. High level expenses are well controlled. Occupancy is just 8% of net sales and the cost of goods is well managed at 30% of sales. Wages and Salaries are running high due to absentee ownership and allocated corporate expense in each store level profit and loss statement. A strong local owner-operator should be able to generate 10-15% EBITA or around $300,000 annually.
Bring your offers to We Sell Restaurants today on these pizza franchises for sale today in Memphis Tennessee. Top line sales of $2.4 million with great rental rates is a diamond in the rough. The population of this city is over 650,000 making Memphis the largest metro on the Mississippi River and the second-largest city in Tennessee, as well as the 25th largest city in the United States. Greater Memphis is the 42nd largest metropolitan area in the United States, with a population of 1.3 Million. That's a lot of hungry residents who obviously love one of America's favorite food groups -- Pizza!
Strong brand support includes six weeks of training, covered by the transfer fee to ensure you are ready to successfully run these Pizza Franchises for sale. You will learn the recipes, ordering skills, and everything you need to succeed. They will be there to support you along the way. Join a brand regularly named “Best of the Best” and “Reader's Choice” awards. Pizza Today magazine named them in the TOP 20 largest pizza chain in the nation with over 400 locations. The Royalty fee structure is well below comparable franchises adding to your cash flow potential coming in at less than 3% of net sales.
These four pizza franchises for sale are part of a $36 Billion-dollar industry according to PMQ Pizza Magazine, where 3 billion pizzas are sold each year. That's 350 pizza slices eaten every second in America! Own this location and serve up the 4th most craved food according to American Dairy Association random sampling survey! Don't miss this opportunity to take over a four store group in a thriving market.
About the Business
Number of Employees:
up to 24 per lo
Building Sq. Ft.:
$16,880.00 Per Month
store 1speedline pos kept bench tv dell computer 2 store signs security system ADT gs 1mixer 3hp 3 16 blade 570 triple ng conveyor oven stainless front counter 24 by 114 3 mobile heater proofer pedestal hand sink worktable with back splash 30 by 32 dough sheeter table top refr sauce unit 33 by 87 refr pizza prep unit 33 by 11 freelancer reach in 2 door work table 36x108 refr salad unit 33x64 walkin cooler 3 18x26 sheet pan rack shelving walk in cooler 3 compartment sink wall mtd shelf 16x35 wall mtd shelf 16x57 vegetable sink wall mtd shelf 16x42 2 worktable flat top 30x108 wall mtd hand sink cheese table with back splash 30x48 shelving dry storage freezer reach in 1 door utility cabinet 24x48 8 chairs 2 laminated table tops 30x48 bases table cast iron p660 hobart refurb mixer 60 qt small wares phone station Store 2 Signage Bench Security System TV Triple Gas Conveyor Oven Cheese Shredder 3 Mobile heater Proofer Pedestal Hand Sink 30x32 Worktable with backsplash dough sheeter table top refr sauce unit refr pizza prep unit 2 door freezer 36x108 worktable cut 2 24x36 dunnage rack refr salad unit walk in cooler 3 18x26 sheet pan rack portable 24x36 dunnage rack 24x48 dunnage rack shelves for walk in cooler 3 compartment sink 16x35 shelf wall mtd 16x57 shelf wall mtd vegetable sink 16x42 shell wall mtd 30x108 worktable flat top 30x108 worktable flat top 24x36 dunnage rack 24x36 dunnage rack wall mtd hand sink cheese table with backsplash 16 shelves for dry storage 1 door freezer 36x78 beverage counter waste receptacle ice machine condiment bin flatware holders utility cabinet 20 chairs 30x48 laminated table tops hobart mixer start up small wares retention system - kept phone system dell computer monitor store 3 signage 2 tv add door swipe system add camera system benches trash can 60 qt mixer with bowl whip and hook 570 triple conveyor oven cheese shredder 3 m
Pizza Franchises for Sale 4 Units Doing $2.4 Million in Sales
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